Auto Rental Companies - AVI, BD, HRZ, DTG, AN Message Board

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Non-Tech : Auto Rental Companies - AVI, BD, HRZ, DTG, AN

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To: Paul Senior who wrote (194)	9/21/2000 4:28:06 PM
From: Paul Senior	Read Replies (1) of 218

Took some trading profits in DTG today. I believe I could be in some more trouble here with BD. We have today the announcement that Ford is offering to buy HRZ. And recently Cendant offered to buy AVI. Someone could also come in to pick off BD as all the potential acquirers consider their strategies given the proposed deals for AVI & HRZ. If Budget does get an offer, I'd guess it'd be for no more than $6 or so -- the acquirer would say that's 50% over current market. And that $6 won't bring me up from being underwater in the stock. I'm not going to like that.

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